1 no-brainer EV stock to buy ahead of its earnings call
Portfolio Pulse from
BYD, China's leading electric vehicle manufacturer, is set to report earnings on March 24 with promising indicators. The company recently delivered 526,409 vehicles in Q4 2023, outperforming Tesla, and unveiled a breakthrough charging technology capable of providing a 400-kilometer charge in just five minutes. Analysts expect strong earnings of $1.39 per share, representing growth from the previous quarter's $1.12.
March 21, 2025 | 12:00 pm
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POSITIVE IMPACT
BYD's upcoming earnings call presents potential upside with strong vehicle deliveries, technological innovation, and positive analyst expectations.
Strong Q4 performance, technological innovation, and positive analyst sentiment suggest potential stock price appreciation. However, potential profit-taking after earnings could moderate immediate gains.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100